Accountancy Faculty Honored
Myers and Linda Myers, assistant professors in the Department of
Accountancy, along with Tom Omer, a colleague from the University
of Illinois at Chicago, received an award for the best article published
in The Accounting Review in 2003. The article appeared in
The Accounting Review (Vol. 78, No. 3, 2003, pp. 779-799)
and discusses the relation between the length of the auditor-client
relationship and financial reporting quality.
Financial Executives Research Foundation, Baruch Colleges
Center for Corporate Integrity, and the American Accounting Association
chose the paper for its relevance to the profession and to academics.
The paper, which addresses an important current issue in financial
reporting and has possible implications for accounting policy, was
honored at a recent conference in New York City.
paper, titled "Exploring the Term of the Auditor-Client Relationship
and the Quality of Earnings: A Case for Mandatory Auditor Rotation?",
suggests that longer auditor tenure, on average, results in auditors
placing greater constraints on management decisions in the reporting
of financial performance. One of the judges on the panel selecting
the award-winning paper, Raj Aggarwal, Firestone Chair at Kent State
University, states "This is an important paper because it provided
empirical evidence for the debate on a very timely subject."
study is cited in an article by William Sinnett about mandatory
auditor rotation in the October issue of Financial Executive
magazine. A lengthy sidebar on the origins of the research and the
award selection process is also included.
Myers teaches courses in financial statement analysis and financial
reporting. Linda Myers teaches
courses in financial reporting and accounting measurement and disclosure.
Each earned a PhD from the University of Michigan.